Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Wealth Management and capital markets-related services group W.H. Ireland (WHI) has announced results for its half-year ended 30th September 2023 including emphasising that it “is now in a stronger financial position as a result of the delivery of our cost efficiency programme and it was pleasing to see the business deliver underlying monthly profitability (unaudited) in November 2023”. However, the combination of emphasising cost ‘efficiencies’, “underlying” profitability in a month after the reporting period-end and the results announcement being in the ‘no-one watching’ period between Christmas and the new year, tends to suggest the announcement isn’t pleasing…
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